Stephen Luczo Elected to Morgan Stanley Board of Directors
September 23 2019 - 4:21PM
Business Wire
Morgan Stanley (NYSE: MS) today announced that Stephen Luczo has
been elected to the Company’s Board of Directors, effective October
1, 2019.
Mr. Luczo, 62, is Chairman of the Board at Seagate Technology.
Prior to this, he served as Executive Chairman, and prior to that,
he served two tenures as the Chairman and CEO. His appointment will
bring the size of Morgan Stanley’s Board to 14 members.
James Gorman, Chairman and CEO of Morgan Stanley, said, “I am
delighted to welcome Mr. Luczo to our Board. As the former CEO of a
major technology company, Steve is uniquely positioned to help us
understand and capitalize on the rapid developments in technology
that are posing a diverse set of opportunities and challenges for
financial services firms. Steve is one of the most seasoned leaders
in the technology sector and is an experienced investor in
technology venture capital and private equity.”
Ray Wilkins, Chair of the Board’s Nominating and Governance
Committee, said, “We extend a warm welcome to Mr. Luczo as he joins
our Board. We look forward to working with him and benefiting from
his knowledge and leadership of the technology sector.”
Morgan Stanley is a leading global financial services firm
providing investment banking, securities, wealth management and
investment management services. With offices in more than 41
countries, the Firm's employees serve clients worldwide including
corporations, governments, institutions and individuals. For more
information about Morgan Stanley, please visit
www.morganstanley.com.
Note to Editors:
Stephen Luczo
Stephen Luczo has served as Seagate Technology’s Chairman of the
Board since 2002. From October 2017 to October 2018, he also served
as Executive Chairman, and prior to that, he served two tenures as
the company’s Chief Executive Officer and Chairman. Mr. Luczo
joined Seagate in October 1993 as Senior Vice President of
Corporate Development. In September 1997, he was promoted to the
position of President and Chief Operating Officer of the
predecessor company Seagate Software and, in July 1998, he was
promoted to Chief Executive Officer. Mr. Luczo resigned as Chief
Executive Officer effective as of July 3, 2004, but retained his
position as Chairman of the Board. In January 2009, Mr. Luczo was
again appointed Chief Executive Officer by the Board.
Prior to Seagate, Mr. Luczo served in a variety of roles in
financial services, including Senior Managing Director and Co-Head,
Global Technology Group at Bear, Stearns & Co and Vice
President and Head of West Coast Technology at Salomon
Brothers.
Mr. Luczo holds an M.B.A. from the Graduate School of Business
at Stanford University, and an A.B. in Economics and Psychology
from Stanford University.
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